Main Street Macro: The next Fed rate cut might disappoint

 

FEATURED POST

July 22, 2024

MainStreet Macro: The next Fed rate cut might disappoint. Here’s why.

The recent slowdown in inflation has left market watchers more confident that Federal Reserve policymakers will cut interest rates at least once this year. What’s harder to predict is how those rate cuts might affect the economy.
Read more
Filter by:
It’s almost summer! Who’s hiring and who’s paying? Data Lab digs into the state of young workers this season.
It’s almost summer! Who’s hiring and who’s paying? Data Lab digs into the state of young workers this season.

June 12, 2024

Lazy days? Not this summer

by Liv Wang

Lazy days? Not for young workers this summer. Hiring is up and pay is strong. To celebrate the season, here are some new numbers from Data Lab.
Read more
Image of median year-over-year pay change by income
Image of median year-over-year pay change by income

May 2, 2024

Low-wage workers saw big pay jumps after the pandemic. High earners did even better.

by Liv WangNela Richardson, Ph.D.

The lowest earners, those people in the first or bottom quartile, had the largest percentage growth in annual pay gains over the last three years.
Read more
Line chart using ADP and BLS data to show that teacher demand outstrips supply
Line chart using ADP and BLS data to show that teacher demand outstrips supply

March 11, 2024

With teachers, the law of supply and demand isn’t working

by Jeff Nezaj

We use ADP data to look at teacher supply and demand, and how that tracks with teacher salary competitiveness.
Read more

February 22, 2024

People are working less. Who – and why?

by Liv Wang

While the post-pandemic job recovery was strong, it was accompanied by a rise in part-time labor and a decline in median hours worked. We use ADP data to see who's working fewer hours since 2019.
Read more
A line chart depicting registered nurse supply growth (employment growth from ADP data) vs. demand growth (from JOLTS job openings for health and social assistance jobs)
A line chart depicting registered nurse supply growth (employment growth from ADP data) vs. demand growth (from JOLTS job openings for health and social assistance jobs)

December 12, 2023

Occupation spotlight: Registered nurses

by Jeff Nezaj

In this post, we look at the employment and wages of registered nurses to obtain a clearer picture of what's happening in this occupation.
Read more
A bar chart that uses data from ADP show that since the pandemic began, fewer nurses who switch jobs lands in health care. Many are taking administrative and support service positions.
A bar chart that uses data from ADP show that since the pandemic began, fewer nurses who switch jobs lands in health care. Many are taking administrative and support service positions.

December 12, 2023

Nurses are leaving the profession. Where are they going? 

by Sam Adieze

In this post, we look at where nurses go when they quit the profession.
Read more